Category: Latest News

The McGoff Group has secured a £13m funding facility from Virgin Money to support its luxury care home, Herne Bay Manor, in Kent.

The five-year loan will support the continued stabilisation and long-term maturity of the home, further strengthening the Group’s growing healthcare portfolio.

Herne Bay Manor is operated by the Group’s luxury care home division, Dunham Care, and represents the first operational setting under the new brand. The business currently has two additional care homes under construction in Bowdon, South Manchester, and Congleton, Cheshire, alongside a further 12 homes within the development pipeline.

The latest transaction refinances the original development funding provided by Octopus Real Estate, which supported the wider Herne Bay scheme, including the delivery of 50 Villafont Concierge retirement bungalows at Herne Bay Gardens.

The deal marks the beginning of a new funding relationship with Virgin Money, with both parties looking to build on the partnership as the Group continues to expand its development pipeline over the coming years. A key focus for future growth remains the Southeast, where the Group is actively seeking to establish a strong cluster of care settings.

The funding was facilitated by Hive Capital Advisory, led by Nick White, who has now personally arranged more than £500m of debt funding across the care home sector, supporting the delivery of over 60 homes, in excess of 4,000 beds, and more than £750m in gross development value.

Commenting on the refinance, Nick White, Managing Director of Hive Capital Advisory, said:

“This transaction represents another significant milestone for The McGoff Group and reflects the continued confidence lenders have in high-quality later living and care home developments. Herne Bay Manor is an exceptional scheme delivered to an extremely high standard, and we are pleased to have facilitated a funding solution that will support the home through its next stage of growth and stabilisation. We look forward to seeing the continued expansion of Dunham Care as the platform grows its presence across the UK, particularly within the Southeast.”

Jonathan Russell, Relationship Director at Virgin Money, said:

“We’re delighted to have supported McGoff Group with their first operational home under the Dunham Care brand at Herne Bay, and look forward to building the relationship with them over the coming years.”

To find out more about Dunham Care please visit https://www.dunhamcarehomes.com/. For funding or refinancing advice visit www.hivecap.co.uk

Elderly care home developer and operator Dunham Care, part of McGoff Group Projects, has recently acquired a site on Alderley Road, currently occupied by Travis Perkins and a local car wash business, for a new purpose-built care facility.

Following its recent procurement of planning consent, Dunham Care is making plans to commence redevelopment as soon as possible, following a full demolition of all buildings on site.

Helping to address the need for more quality care facilities in the local area, Cheshire East Council approved plans to transform the prominent and under-utilised brownfield site.

Setting new standards in premium care for the elderly, Dunham Care is an operator focused on blending architectural excellence with expert care to provide an exceptional quality of life in an elegant environment where luxury meets compassion, dignity and safety. 

Fully focussed on resident wellbeing, each setting has been carefully curated to promote holistic wellness in a homely environment with private en-suite bedrooms, beautiful communal spaces, restful lounges, landscaped gardens and chef-led dining to rival the finest boutique hotels.

With decades of experience in successfully operating luxury care homes and a proven track record in delivering high-quality, person-centred care, the Dunham Care team is delighted to be delivering this best-in-class new setting in Wilmslow. 

CEO Chris McGoff said: “Our vision has always been to redefine what later life looks like, and we are committed to creating exceptional environments that deliver outstanding care underpinned by quality, safety and dignity. Whilst there will no doubt be some initial short-term disruption, the new facility will create an abundance of new jobs for local people and we will shortly be commencing a series of recruitment fairs to enable a forum to hire the best local talent.”

The Dunham Care team will seek to make appointments for more than 90 local jobs, with the project making a number of positive contributions to the local economy whilst also relieving pressures on local NHS and GP services via its inherent interventionist approach.

Once complete, the development will be aesthetically pleasing, featuring natural materials, mature trees and landscaping that serve to enhance the street scene and it will result in less heavy goods vehicles on an already busy junction just outside of Wilmslow’s town centre.

The development will be built to the highest clinical standards and will also be highly sustainable and energy efficient with excellent environmental credentials including PV, heat pumps, high performance insulation, EV charge points, SUDS drainage together with green walls.

Wilmslow is one of six superb new facilities currently under development by Dunham Care. The build programme for all new homes is being managed by sister company McGoff Construction Ltd, working closely with C Squared Architects, Garner Town Planning and Beyond Corporate.

Setting new standards in elderly care provision, Dunham Care takes pride in delivering exceptional care services in a luxurious and homely setting. With a legacy built on trust and expertise, Dunham Care is a true luxury care home operator. For further information, or to apply to join the team, visit www.dunhamcarehomes.com.

The McGoff Group has released the first visuals for its proposed development on Rochdale Road, which is currently in for planning and part of Manchester City Council’s Victoria North regeneration project.

The official CGIs showcase how the McGoff Group plan to transform the brownfield site into a contemporary residential scheme comprising 153 units made up of one, two and three bedroom apartments, set among green open space.

The release of these visuals coincides with the Group being awarded a subsidised loan from the Greater Manchester Combined Authority (GMCA), testament to its support of the scheme.

All previous images of this proposed development were simply work in progress visuals, created for initial massing and consultation purposes.

Having revised the original plans for the development, following feedback from local stakeholders, businesses and residents, the new, proposed plans have addressed the two main concerns raised at the consultation; proximity to the Marble Arch pub and lack of green space.

The building is now 13 metres away from the Marble Arch and there is a dedicated green space in between the pub and the apartments, a rarity with city centre developments.

The development adopts impressive green credentials with a robust fabric-first and fossil- fuel free energy strategy. It incorporates high performance building fabric, air source heat pump technology, mechanical ventilation with heat recovery and rooftop solar PV.

The scheme achieves a 71% reduction in regulated residential carbon emissions (compared with Part L 2021) and exceeds Greater Manchester’s space-heating demand target, delivering a highly energy-efficient development aligned with local net zero carbon emission objectives.

Chris McGoff, Director at the McGoff Group, says: “The release of the new, official visuals will allow local residents as well as potential city centre renters the opportunity to understand more clearly how this proposed development will look.

“We have worked closely with the Council and several specialist organisations to ensure the scheme is environmentally considered, efficient and sustainable. Ultimately, the redevelopment of this brownfield land will not only provide much need, high quality, modern housing in the city centre for a rapidly growing rental market, but also drastically improve the street scene of Rochdale Road, a key objective of the Council.

“The funding received from the GMCA highlights their support of our plans to deliver new homes.”

This proposed new development is phase II of the McGoff Group’s Downtown Victoria North scheme. Phase I will see 237 apartments delivered, due to complete this summer. Strong interest has been registered to date, ahead of the official launch, testament to the growing rental market in Manchester and the Group’s reputation for delivering exceptionally designed, high quality homes.

Chris continues: “The interest in Downtown Victoria North (phase I) supports both the Council’s regeneration project in this area and demand for additional housing, which phase II will provide. Jobs will be created, and the development will inevitably boost the local economy.”

McGoff Group Projects, the operational Real Estate division of the McGoff Group, is pleased to announce a strategic £15m investment from AJ Bell founder Andy Bell and former director Fergus Lyons.

This investment will support the expansion of the Group’s operational real estate activity, which is focused on purpose-built care homes, Build-to-Rent residential schemes and children’s day nurseries.

The primary purpose of the £15m investment will be to expand the Group’s new care home platform, Dunham Care, which opened its first home in Herne Bay, Kent, earlier this year. It has two projects currently under construction, in Bowdon, South Manchester, and Congleton, Cheshire. 

A further eight high-quality settings either have planning consent or are the subject of imminent planning applications, with a growing pipeline of opportunities planned to be delivered over the next 5-7 year period, including a dedicated focus in the South-East where the Group is keen to expand its footprint with a cluster of settings.

Dunham Care seeks to mirror the success of the Group’s previous care home platform, New Care, which was a high quality design-led operator of new build care home settings aimed towards the private fee-paying market, located in areas of affluence with high demand characteristics where often there was a distinct lack of new generation facilities.

The New Care estate was successfully developed, operated and disposed of over a number of years following an initial phase of transactions with HCP Inc and Octopus Health Fund, and latterly with HIG Real Estate backed Lovett Care in October 2024. The combined total gross disposal sum equated to circa £275m, with the Group employing more than 1,200 staff at its peak.

Commenting on this new investment, Chris McGoff says: “This is a fantastic vote of confidence in what we do by Andy and Fergus and comes at an exciting time for the markets we are exposed to. The demand for new generation, state of the art care homes is in our view stronger than ever as demographic pressure drives demand, and older, inefficient settings become obsolete and close due to ever tightening regulatory compliance, plus higher energy and employment costs.

“This coupled with recent large scale investment activity in the sector, including Welltower’s acquisition of Barchester, in what was believed to be the world’s biggest care home transaction, highlights continued confidence in the UK care market and its long-term growth potential.”

Alongside Dunham Care, the Group continues to scale complementary operational platforms across residential and childcare.

McGoff Group Projects is prominent in residential development, specialising in institutional grade Build-to-Rent delivery via its Downtown Asset Management brand. It is currently nearing completion of the first phase of circa 500 units in Manchester’s Victoria North Regeneration corridor. 

Back to the Garden Childcare is another business within the operational real estate portfolio, with the Group delivering new build nursery settings in areas of high demand. With two locations operational in Altrincham and Lymm, and a third due to open in Bowdon later this year, the Group will look to add to its portfolio over the coming years.

Dave Foran, Group Corporate Finance Director, adds: “Our exposure to all three sectors reflects a consistent strategy of targeting markets with strong underlying demand and supply constraints.

Care, housing and childcare are all supported by long-term socio-economic drivers, and each requires sustained new-build delivery to meet that demand. Our focus remains on executing developments efficiently and scaling platforms capable of delivering high-quality assets.”

The Group acknowledges the role of Jonnie Whittle of Major Oak in facilitating the introduction and supporting the transaction process.

Andy Bell says: “We have spent considerable time assessing the operational real estate market and believe there is a compelling opportunity to back experienced developers who can consistently deliver high-quality, income generating assets.

“The McGoff Group has a strong track record in originating, developing and operating care-led platforms, demonstrated by the success of New Care. Dunham Care provides a clear opportunity to build on that experience at scale.

“The underlying demand drivers in later living, rental housing and childcare are structural and long-term in nature. Our investment reflects confidence in both the management team and the Group’s ability to execute a disciplined, repeatable growth strategy over the coming years.”

Altrincham-based McGoff Group has stepped in to guarantee the delivery of a £40m residential development scheme in Glossop. The project has received a complete overhaul and is now moving forward again, safe in the competent hands of the McGoff Group, a £150m collective of multi-award winning construction businesses.

With a proven track record and an unbreakable ability to deliver, the site on Glossop Road will be transformed into an attractive mix of 156 luxurious two, three and four bedroom new build homes, including 40 affordable homes that will be known as Etherow Grange.

McGoff Construction’s dedicated Housing Division will take the role of principal contractor, delivering the properties under the Group’s highly regarded Villafont Homes brand, with the support of other Group businesses including innovative light gauge steel framing solution Panacea Building Systems and electrical services contractor Edencroft. The collaboration will result in a beautiful development of new homes with a high quality specification, pleasing external aesthetic and carefully considered interior design that serves to enhance the local street scene and add value to Glossop’s increasingly desirable residential appeal.

Sales and marketing director at Villafont, Paul Danks, commented: “The new plans for Etherow Grange are superb and we are delighted to now be taking this scheme forward. Long established and highly regarded, the McGoff Group has a proven ability to deliver. This means that local homebuyers can now reserve with confidence – and excitement – safe in the knowledge that their new home will be completed on schedule and they will be thrilled with the outcome.”

Villafont has appointed local sales agents Gascoigne Halman for the scheme. Land and new homes director at Gascoigne Halman, Michael Thompson added: “With its thriving high street offering a great mix of independent and artisan shops, cafes and restaurants plus all the necessary everyday amenities, Glossop is fast growing in popularity and becoming a highly sought after place to live.

“Now in the hands of the McGoff Group, we are confident that Etherow Grange will be very well received by homebuyers looking to secure an aspirational yet relaxed semi-rural lifestyle within easy reach of the picturesque hills and moorland of Derbyshire’s Dark Peak and also Glossop town centre.”

Work has recently commenced on the development and the first properties have been released for sale with a starting price of £345,000. A show home will be revealed in Spring 2026 and the first properties are expected to complete in summer 2026.

The McGoff Group, based in Altrincham, is gearing up to submit a planning application for a mixed use scheme in Congleton.

The proposed plan includes a state-of-the-art care facility for the Group’s sister company New Care, 14 stylish townhouses and 53 retirement apartments.

The site on Morley Drive is adjacent to a conservation area and as such, the Group has been working closely with Cheshire East’s planning department on the application, ensuring the proposed plans are sympathetic to the locality and incorporate renewable energies. A listed bridge (not within the Group’s ownership) will also be retained, with the McGoff Group already liaising with the Canal & River Trust.

Within the proposed plans is a new multi-modal link; a pathway for cyclists and walkers that runs along the Macclesfield Canal and leads directly to Congleton Train station.  Tree lined and suitably lit, the pathway is a superb new addition to the site which will not only look appealing but also benefit the local community.

The land and buildings, commonly known as Morleys, was formerly used as a dried fruit production plant.  The tenant was operating on a short-term tenancy agreement and has been slowly winding down operations at the site over the course of the last two to three years whilst they completed works at a more modern factory.  They have now migrated all business to the new premises.

Chris McGoff, director at the McGoff Group, says: “Having worked with Cheshire East, plus other relevant organisations, we are really looking forward to submitting our application for a mixed use development on Morley Drive in Congleton in the coming months. 

“With the current tenant relocating, moving their industrial operations out of the town, we can transform the brownfield site and convert its use to residential, which will better serve the local community.  By providing townhouses, retirement apartments and a care home, we are creating a multi-generational scheme that will give Congleton residents the opportunity to live in a sustainable location close to the town centre.”

The McGoff Group plans to use modern methods of construction, utilising met frame structures, and will create jobs, not only during the build process but also once the development is complete through the operation of the care home.